Product Code: ETC021645 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Thailand Jewellery market currently, in 2023, has witnessed an HHI of 3171, Which has increased moderately as compared to the HHI of 2875 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
The Thailand jewellery market is expected to witness a healthy growth rate during the forecast period of 2025-2031. This can be attributed to increasing disposable income, growing demand for branded and designer jewellery, presence of organized retail stores, and rising tourism in the country. Furthermore, with the advancement in technology like 3D printing and increased consumer preference towards online purchase are anticipated to provide ample opportunities for market players operating in this sector. Additionally, innovation in design & colour pattern coupled with easy availability of fashion jewellery is projected to further boost the market growth over ensuing years.
With increase in disposable income of people living in Thailand there has been a shift from basic necessity products towards luxury items such as gold and diamond jewellery which has acted as one major driver that aided into driving upmarket sales and thereby contributing to overall growth of industry. There has been an increasing demand among individuals for branded jewelleries along with traditional designs which have led key players present within Thailand jewelry industry focus more on providing quality services through their outlets helping them attain competitive advantage over other competitors present within same domain thereby leading towards boosting its global outlook by large margins.
The process involved while manufacturing jewelries requires high amount cost thus making it difficult for small scale local producers who cannot afford these high costs made due to technological advancements or advances required while creating new innovative pieces hindering its expansion prospects by large margins .
Due to outbreak of Covid - 19 pandemic across globe various countries including Thailand faced lockdown situation resulting into reduced footfall at local jewelry stores thereby causing lesser sales revenue generation made due mainly due disruption caused within supply chain network thus hampering its overall production levels adversely.
Major companies participating within Thailand jewelry industry include names such as Thong Sia Group, Central Pattana Plc, Jewelry Trade Center Co., Ltd, The Platinum Fashion Mall Co.,Ltd amongst others .
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Jewellery Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Jewellery Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Jewellery Market - Industry Life Cycle |
3.4 Thailand Jewellery Market - Porter's Five Forces |
3.5 Thailand Jewellery Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Thailand Jewellery Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Thailand Jewellery Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Thailand Jewellery Market Trends |
6 Thailand Jewellery Market, By Types |
6.1 Thailand Jewellery Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Thailand Jewellery Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Thailand Jewellery Market Revenues & Volume, By Necklace, 2021-2031F |
6.1.4 Thailand Jewellery Market Revenues & Volume, By Ring, 2021-2031F |
6.1.5 Thailand Jewellery Market Revenues & Volume, By Earrings, 2021-2031F |
6.1.6 Thailand Jewellery Market Revenues & Volume, By Bracelet, 2021-2031F |
6.1.7 Thailand Jewellery Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Jewellery Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Thailand Jewellery Market Revenues & Volume, By Gold, 2021-2031F |
6.2.3 Thailand Jewellery Market Revenues & Volume, By Platinum, 2021-2031F |
6.2.4 Thailand Jewellery Market Revenues & Volume, By Diamond, 2021-2031F |
6.2.5 Thailand Jewellery Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Jewellery Market Import-Export Trade Statistics |
7.1 Thailand Jewellery Market Export to Major Countries |
7.2 Thailand Jewellery Market Imports from Major Countries |
8 Thailand Jewellery Market Key Performance Indicators |
9 Thailand Jewellery Market - Opportunity Assessment |
9.1 Thailand Jewellery Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Thailand Jewellery Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Thailand Jewellery Market - Competitive Landscape |
10.1 Thailand Jewellery Market Revenue Share, By Companies, 2024 |
10.2 Thailand Jewellery Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |